chinggyy

chinggyy

A bit of sideways movement as MACD indicates a bullish trend, but through consolidation between the red support/resistance zones and a bounce of MA20 lines, MACD may reverse to show a bullish signal. RSI is able to be supportive of this movement. Look for a candle with volume, with close above the red resistance @0.001045 to entry, supportive of another bullish trend.

chinggyy

Support zones at 12-12.5k, waiting to retest after showing resistance from MA50 line. If it can bounce off 12-12.5k zone and break through MA50, then BTC will be bullish. RSI heading towards oversold, perhaps BTC is ready for a stage of healthy growth. MACD still suggesting bearish trend, but should indicate a reversal soon. Orders put in at 12.5-13k, waiting for...

chinggyy

NXT currently in falling wedge indicative of a upcoming bullish trend, will either bounce off MA20 (which also correlates with the falling wedge) or break through and find support at the MA50 support line. RSI trend moving back from overbought, suggesting that it may be ready for another bullish run, however MACD still bearish. Despite this, upcoming news of...